What is the
best Send Money conversion rate for CAD to INR?
The best CAD to INR exchange rate is 63.8 from XE. This is -0.59% compared to the mid-market rate 64.18.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Indian rupee (INR) rates from different sources before making a conversion.
The above
ANZ Bank - Loonie to Rupee comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
ANZ Bank and other foreign exchange providers against the latest CAD-INR mid-rate and the possible savings of using various providers.
How do ANZ Bank CAD-INR rates compare between providers?
Looking at the full
CAD to INR - Send Money comparison table the provider with the best CAD to INR exchange rate is XE at 63.8, -0.59% from the latest mid-market rate 64.18.
The next best is Wise at 63.8, -0.59% from the mid-rate.
Then Western Union at 63.15, which is -1.6% from the mid-rate.
Among the banks the TD Bank rate is 58.99 at -8.1% the Scotiabank rate is 61.85 at -3.6% and the Royal Bank of Canada rate is 61.27 at -4.5% compared to the mid-rate 64.18.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like ANZ Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.